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Free VC Directory

With any B-Plan Purchase
425 Page Capital Directory
Through Nov. 30

Business Plan Writer
$425 Flat Rate
No Templates Used
7 Day Turnaround

All Purchased Plans
Are Updated for 2020

Business Startup Guides
Checkout our new sister site!

Free Golf Pro Shop Business Plan
For Raising Capital from Investors, Banks, or Grant Companies!

Please note that the financials in this complete free business plan are completely fictitious and may not match the text of the business plan below. This free business plan demonstration purposes only. If you are interested in purchasing the completed editable MS Word and Excel documents for this business plan, please click the button below! Also, the text of the business plan is formatted with a fully automated table of contents.

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It should be noted that there is no special software required to use these templates. All business plans come in Microsoft Word and Microsoft Excel format. Each business plan features:

  • Excecutive Summary
  • Company and Financing Summary
  • Products and Services Overview
  • Strategic Analysis with current research!
  • Marketing Plan
  • Personnel Plan
  • 3 Year Advanced Financial Plan
  • Expanded Financial Plan with Monthly Financials
  • Loan Amortization and ROI Tools
  • FREE PowerPoint Presentation for Banks, Investors, or Grant Companies!

1.0 Executive Summary

The purpose of this business plan is to raise $150,000 for the development of a golf pro shop while showcasing the expected financials and operations over the next three years. The Golf Pro Shop, Inc. (“the Company”) is a New York based corporation that will provide an expansive inventory of golf related merchandise for sale customers in its targeted market. The Company was founded in 2009 by John Doe.

1.1 Products and Services

The primary revenue stream for the business will come from the sale of golf related merchandise including clubs, golf shoes, golf gloves, bags, and other items associated with the sport of golf. The Company expects to generate contribution margins of 60% on each item sold by the Golf Pro Shop. The second revenue stream for the business will come from golf club re-gripping services and golf training services offered on site. The business will have a “swing cage” where a golfer’s swing can be analyzed by specialized computers. This type of equipment is becoming common place in many golf stores throughout the country. Lessons, at an hourly rate, will be provided on site to golfers. The third section of the business plan will further describe the services offered by the Golf Pro Shop.

1.2 The Financing

Mr. Doe is seeking to raise $150,000 from as a bank loan. The interest rate and loan agreement are to be further discussed during negotiation. This business plan assumes that the business will receive a 10 year loan with a 9% fixed interest rate.

1.3 Mission Statement

The Golf Pro Shop’s mission is to become the recognized local leader in its targeted market for golf merchandise sales and related services.

1.4 Mangement Team

The Company was founded by John Doe. Mr. Doe has more than 10 years of experience in the retail management industry. Through his expertise, he will be able to bring the operations of the business to profitability within its first year of operations.

1.5 Sales Forecasts

Mr. Doe expects a strong rate of growth at the start of operations. Below are the expected financials over the next three years.

1.6 Expansion Plan

The Founder expects that the business will aggressively expand during the first three years of operation. Mr. Doe intends to implement marketing campaigns that will effectively target individuals within the target market.

2.0 Company and Financing Summary

2.1 Registered Name and Corporate Structure

Golf Pro Shop, Inc. The Company is registered as a corporation in the State of New York.

2.2 Required Funds

At this time, the Golf Pro Shop requires $150,000 of debt funds. Below is a breakdown of how these funds will be used:

2.3 Investor Equity

Mr. Doe is not seeking an investment from a third party at this time.

2.4 Management Equity

John Doe owns 100% of the Golf Pro Shop, Inc.

2.5 Exit Strategy

If the business is very successful, Mr. Doe may seek to sell the business to a third party for a significant earnings multiple. Most likely, the Company will hire a qualified business broker to sell the business on behalf of the Golf Pro Shop. Based on historical numbers, the business could fetch a sales premium of up to 4 times earnings.

3.0 Products and Services

Below is a description of the golf product sales and related services offered by the Golf Pro Shop.

3.1 Sales of Golf Equipment and Merchandise

This aspect to the Company’s operations is expected to generate 80% of its revenue with contribution margins of approximately 60%. The Company will have a very knowledgeable sales staff that will ensure that customers select the clubs and merchandise that are most appropriate for them.

3.2 Sales of Lessons and Other Services

The secondary revenue center for the business will come from the sale of onsite lessons that will be provided by the Company’s in house golf pro. This is an important revenue stream for the business as there are very few costs associated with providing these services. Additionally, the business will generate service income from the re-gripping of clubs and repairing golf shoes. Service revenues are expected to generate 20% of the Company’s revenues with contribution margins reaching 90%.

4.0 Strategic and Market Analysis

4.1 Economic Outlook

This section of the analysis will detail the economic climate, the golf product industry, the customer profile, and the competition that the business will face as it progresses through its business operations. Currently, the economic market condition in the United States is in recession. This slowdown in the economy has also greatly impacted real estate sales, which has halted to historical lows. Many economists expect that this recession will continue until mid-2010, at which point the economy will begin a prolonged recovery period. However, the target audience for the Company’s products primarily consists of high net worth and high income individuals (common among golfers) who have greater economic staying and purchasing power. As such, the current economic climate should only have a moderate impact on the Company’s initial sales.

4.2 Industry Analysis

Each year, over $3 billion dollars of golf equipment (golf bags, golf training products, balls, tees, clubs, apparel, and golf shoes) are manufactured and sold within the United States. There are approximately 500 manufactures and over 6,800 retailers that specialize in the manufacture and sale of golf equipment. This industry provides jobs for 8,000 people, and provides average annual payrolls of $700 million dollars. The growth and expansion of this industry has almost mimicked the growth of the number of golf courses in this country. As stated earlier, since the Internet era the level of income and wealth within this country has had a marked increase. As such, the demand for these goods coupled with the increased demand for golf services has increased tremendously. It is expected that this trend will continue as the demand for golf course services and golf related sporting goods remains strong. However, the industry as a whole, may experience sluggish growth over the next 12 to 18 months as the US economy completes its downward cycle.

4.3 Customer Profile

In this section of the analysis, you should describe the type of customer you are seeking to acquire. These traits include income size, type of business/occupation; how far away from your business is to your customer, and what the customer is looking for. In this section, you can also put demographic information about your target market including population size, income demographics, level of education, etc.

4.4 Competitive Analysis

This is one of the sections of the business plan that you must write completely on your own. The key to writing a strong competitive analysis is that you do your research on the local competition. Find out who your competitors are by searching online directories and searching in your local Yellow Pages. If there are a number of competitors in the same industry (meaning that it is not feasible to describe each one) then showcase the number of businesses that compete with you, and why your business will provide customers with service/products that are of better quality or less expensive than your competition.

5.0 Marketing Plan

The Golf Pro Shop intends to maintain an extensive marketing campaign that will ensure maximum visibility for the business in its targeted market. Below is an overview of the marketing strategies and objectives of the Golf Pro Shop.

5.1 Marketing Objectives

  • • Develop an online presence by developing a website and placing the Company’s name and contact information with online directories.

  • • Establish relationships with country clubs within the targeted market.

  • • Implement a local campaign with the Company’s targeted market via the use of flyers, local newspaper advertisements, and word of mouth advertising.

5.2 Marketing Strategies

Mr. Doe intends on using a number of marketing strategies that will allow the Golf Pro Shop to easily target men and women within the target market. These strategies include traditional print advertisements and ads placed on search engines on the Internet. Below is a description of how the business intends to market its services to the general public. The Golf Pro Shop will also use an internet based strategy. This is very important as many people seeking local retailers, such as golf shops, now the Internet to conduct their preliminary searches. Mr. Doe will register the Golf Pro Shop with online portals so that potential customers can easily reach the business. The Company will also develop its own online website showcasing the location, the business’s expansive inventory, and relevant contact information. The Company will maintain a sizable amount of print and traditional advertising methods within local markets to promote the golf products and related services that the Company is selling.

5.3 Pricing

In this section, describe the pricing of your services and products. You should provide as much information as possible about your pricing as possible in this section. However, if you have hundreds of items, condense your product list categorically. This section of the business plan should not span more than 1 page.

6.0 Organizational Plan and Personnel Summary

6.1 Corporate Organization

6.2 Organizational Budget

6.3 Management Biographies

In this section of the business plan, you should write a two to four paragraph biography about your work experience, your education, and your skill set. For each owner or key employee, you should provide a brief biography in this section.

7.0 Financial Plan

7.1 Underlying Assumptions

  • • The Golf Pro Shop will have an annual revenue growth rate of 10% per year.

  • • The Owner will acquire $150,000 of debt funds to develop the business.

  • • The loan will have a 10 year term with a 9% interest rate.

7.2 Sensitivity Analysis

In the event of an economic downturn, the business may have a decline in its revenues. Golf and golfing products are luxury items, and during economic recessions, consumers may cut down on their discretionary expenditures. However, most golfers are wealthier people, and thus have great economic staying power during times of deleterious economic conditions.

7.3 Source of Funds

7.4 General Assumptions

7.5 Profit and Loss Statements 

7.6 Cash Flow Analysis


7.7 Balance Sheet


7.8 General Assumptions

7.9 Business Ratios

Expanded Profit and Loss Statements

Expanded Cash Flow Analysis